Question

Any help please thank you I appreciate it if u lend a helping hand

Answer 1

Answer:

7.1428 yrs

Step-by-step explanation:

450*14%=63

450/63=7.1428

Answer 2

Answer:

First, converting R percent to r a decimal

r = R/100 = 14%/100 = 0.14 per year.

Putting time into years for simplicity,

2608 days / 365 days/year = 7.145205 years.

Solving our equation:

A = 450(1 + (0.14 × 7.145205)) = 900.147915

A = $900.15

The total amount accrued, principal plus interest, from simple interest on a principal of $450.00 at a rate of 14% per year for 7.145205 years (2608 days) is $900.15.